• 4111 Andover Road - East Building
  • 4111 Andover Road - East Building
  • +2 images 4111 Andover Road - East Building
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4111 Andover Road - East Building Listing Details & Market Data

Off-Market

4111 Andover Road, Bloomfield Hills, MI 48302

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 26,397 SF
  • Lot Size 1.04 Acre
  • Parking Spaces Avail. 87
  • Parking Ratio 3.30/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1976

Location

  • City Bloomfield Hills, MI
  • Neighborhood Bloomfield
  • Zip Code 48302
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 23 Apr, 1993
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Bloomfield Hills

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Bloomfield Hills Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.37
  • 2020 Office Vacancy Rate 17.83%
  • 2020 Office Completions (SF)

Tax

  • Property Tax in 2021 $47,653
  • Market Value* $1,890,480
  • Assessed Value $1,890,480

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.